5821 SE KNAPP ST, Portland, OR 97206 Homes for Sale

For Sale

$899,000

• 0 beds
• 0 baths
• 2000 Sq Ft

5821 SE KNAPP Street,
Portland, OR, 97206

Latitude 45.470258 - Longitude -122.602997

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Overview

Listing Status Active

MLS 23166503

Property Type

Other

Year built

1942

Total rooms

0

Lot size

0 Acres

Time on NeighborWho

239 days

Stories

-

Price per Sq Ft

$450

Parking

0e0 car garage

Basement

-

About 5821 SE KNAPP ST, Portland, OR

Welcome to this updated 4-plex (2 duplexes on same tax lot), ideally situated in the sought-after Brentwood-Darlington neighborhood. This property boasts four individual 2-bedroom, 1-bathroom units, individually fenced back yards, and each carefully upgraded to meet modern living standards. With a 5.0 Cap rate and a competitive 13.41 gross rent... multiplier, this investment opportunity offers both promising returns and a solid financial foundation.Features include: Prime Location: Nestled in the desirable Brentwood-Darlington neighborhood, this property enjoys close proximity to schools, parks, shopping, dining, and public transportation. Tenants will appreciate the convenience of city living with a suburban feel.Professional Management: This investment property is professionally managed, ensuring hassle-free ownership and consistent cash flow. Sit back and watch your investment thrive.On-Site Laundry: Tenant convenience is a priority. With on-site laundry facilities, you'll attract and retain quality tenants who appreciate the added convenience.Strong Financials: With a Cap rate of 4.88 and a gross rent multiplier of 13.88, this property stands as a lucrative investment opportunity with potential for continued appreciation.The property is currently fully leased so please respect the current tenant's privacy.Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a hassle-free income stream, this 4-plex is a must-see!!! Read more

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